Friday, March 11, 2011

 

Dyersburg Real Estate Market Is Improving

Over the last several weeks I have mentioned increased job openings in the Dyersburg,Tennessee and surrounding area. Jobs are normally one of the first leading indicators of economic recovery. As people get jobs they start spending money and also buying houses.

All of my agents are busy showing properties and writing sales contracts and closing deals.

House values had been dropping but it appears that the values have stabilized and homes are selling. I will bring you some hard stats in the next post or two to validate what I am saying.

Another good sign for the Dyersburg real estate market is that the # of new foreclosures hitting the market is declining and also the # of houses selling on the courthouse steps(as part of foreclosure process) is also declining.

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